Here’s everything voters need to know as they cast their midterm ballots on #ElectionDay : where to vote, when polls close and how to report any issues https://t.co/QObogcNdJo
30-year mortgage rate today: 7.08%
A year ago: 3.09%
Mortgage rates are the highest in 20 years
And...2022 has seen the biggest mortgage increase ever in a single year
The Fed has created a housing recession.
https://t.co/s7RYBx8RhN
Quite a list hitting tech: billions in unused real estate; supply-chain and cost issues; 21% drop in global M&A; dried-up IPOs; wage inflation; talent retention issues
@jswartz reports on the shock to the tech sector, and especially its workers https://t.co/qCAfBeBoky
NEW - Google will delete location history for people who go to abortion clinics, domestic violence shelters and a few other sensitive places. https://t.co/fxPJsevrXI
U.S. has a more problematic & stickier inflation problem than other nations, since more of the price pressure stems from services rather than physical goods. That's why the Fed will likely go further in hiking rates into restrictive area than other central banks: @economics
Interesting chart from SF Fed's Mary Daly. The speed with which financial conditions have tightened really sets this period apart from past hiking cycles https://t.co/RgccuqsJyr
Stephanie Grisham shared a screenshot of a text exchange she had with Melania Trump on January 6. Following this exchange, Grisham resigned from the White House.
Now @RepLizCheney: Witnesses have been contacted by members of Trump's circle who have been attempting to influence their testimony and cooperation with the 1/6 Committee.
When told no, the president was "irate," and Trump said, "I'm the effing president. Take me up to the Capitol now." Trump tried to grab the steering wheel. Then used his free hand to try to grab the guy's neck. #HATH
This testimony is really important because it establishes that inside the White House they ABSOLUTELY knew the violence was coming on January 6. And it wasn't something that those at the highest levels thought they should try to prevent.
Hutchinson testified that Trump was not concerned on January 6 about his armed supporters possibly marching on the Capitol -- he knew they didn't want to hurt him and was primarily concerned about how large his crowd appeared on TV
The regularity of market crashes and declines is a reminder that patience is key to investing in equity markets, writes Paul Kaplan.
He took a close look at previous stock market declines and identified common themes. Here are 6 takeaways for investors: https://t.co/BwaMKXi8ZK